Financial Abuse
Financial abuse can take many forms, from denying you access to funds, to making you solely responsible for all finances while handling money irresponsibly. Money becomes a tool by which the abuser can further control the victim, ensuring either financial dependence, or shifting the responsibility of keeping a roof over the family’s head onto the victim while simultaneously denying your ability to do so or obstructing you.
Financial abuse can include the following:
· Preventing you from getting or keeping a job
· Denying you sufficient money to live on
· Having to account for every penny spent
· Denying access to cheque book/account/finances
· Putting all bills in your name
· Threatening to force you out of the house and make you homeless and destitute
· Withholding information about welfare benefits
· Demanding your wages/benefits
· Spending the money allocated to bills/groceries on other things
· Forcing you to beg or commit crimes for money
· Not permitting you to spend available money on yourself or children
· Making you give up your savings
· Not working themselves but forcing you to work to pay for everything
Financial abuse can have serious and long term effects. Victims can become trapped in a cycle of poverty. They can experience physical and psychological ill health and isolation and feel that they can’t escape from the abusive relationship.
Saving...